Reinsurance
S&P No Longer Expects Global Re Rate Drops at Jan. 1
A trio of third-quarter hurricanes and continued catastrophe losses impacting insurers and reinsurers will have a greater impact on reinsurers—and may potentially fuel reinsurance rate hikes at the ...
S&P Changes Lloyd’s Outlook to Negative; Cat Loss Tallies Continue
While affirming the A+ financial strength rating of the Society of Lloyd's, S&P Global Ratings announced said Thursday that it revised the rating outlook to negative from stable in the wake of ...
Cat Bond Issuance Still Has a Record Year; Q3 Was Typically Slow
Catastrophe bond issuance came to just $460 million in new limit during the 2017 third quarter, though the typically slow Q3 added to what remains a record year for the sector, the Property Claims ...
Napa, Santa Rosa Fires Place 172,000-Plus Homes at Risk: CoreLogic
More than 172,000 homes with a combined reconstruction cost value of more than $65 billion face some level of risk from the metropolitan Napa and Santa Rosa fires in California, according to a new ...
Calif. Wildfires Kill 11, Prompt Massive Evacuations, Damage Prime Vineyards
Wildfires that tore through northern California's iconic wine-growing regions have prompted evacuations of more than 20,000 people, killed 11 and damaged some of the most valuable vineyards and ...
Corporate Social Responsibility Can Get a CEO Fired: Research
CEOs are increasingly encouraged and even pressured to invest in reducing a company's carbon foot print, make the firm more diverse and focus on product safety. But researchers from the University of ...
UK, EU Clash Over Blocked Brexit Talks
Britain and its European Union partners clashed on Monday over which side should make the next move to unblock Brexit talks, despite concerns they will miss a deadline for a divorce deal and that ...
AIG Warns of Possible $3.1B Catastrophe Loss Hit for Q3 from Hurricanes, Earthquakes
American International Group warned it faces as much as $3.1 billion in pre-tax catastrophe losses for the 2017 third quarter, largely from three hurricanes and two Mexico earthquakes. The ...